Bitcoin sell-side risk hits 2024 low just $10K from BTC price record
Bitcoin sellers are not rushing to distribute coins at current BTC price levels — even as hodler cohorts return to net profit.
Related Posts
Portugal slowly becoming a ‘haven’ for European Bitcoiners
While Switzerland holds the spotlight for being the most crypto-friendly jurisdiction in Europe, Portugal is picking up the pace. Indeed, the Republic offers more than just quality of life improvements for Bitcoin (BTC) owners, including an attractive fiscal environment and a growing Bitcoiner community.Cointelegraph recently interviewed the Bitcoin Family, who recently relocated to Portugal, learning that…
Crypto Payments Firm Circle Closes Acquisition of Crowdfunding Platform SeedInvest
Goldman Sachs-backed cryptocurrency finance firm Circle announced that it closed the acquisition of SeedInvest, a crowdfunding platform and registered operator of a broker-dealer. The news was reported via a post on Coinbase’s official blog published March 4.Cointelegraph first reported about the ongoing acquisition in October last year, noting that the deal will enable Circle to…
Blockchains Acquires Development Firm Behind ‘The DAO’ Project
United States-based blockchain incubator and investment firm Blockchains, LLC, has acquired the German Ethereum dev team slock.it, according to a press release on June 3.Slock.it’s team is reportedly around three dozen large, and is known for its creation of the now-defunct decentralized autonomous organization (DAO) project “The DAO.” Co-founders and brothers Christoph and Simon Jentzsch…
Worldcoin is making reality look like a lot like Black Mirror
Scanning your iris to become a “verified human” in exchange for digital currency sounds like a Black Mirror episode. But this is not the story arc of a dystopian science fiction show — it’s happening now with one of the latest projects in Web3.The launch of Worldcoin on Optimism has left many wondering whether this…
Building the blockchain community is essential for further developments
Cryptocurrency was built on the premise that a reimagined financial system could exist. It was brought to life by a community that supported these ideals and worked tirelessly to bring them to fruition.As the blockchain community grows, so does the recognition that cryptocurrency is important. According to Big Four audit firm Deloitte’s “2020 Global Blockchain…
Shipping Startup 300cubits Suspends Its Blockchain Operations
Blockchain shipping startup 300cubits suspended the operations of its booking module and the circulation of its TEU token.As industry news outlet The Maritime Executive reported Sept. 30, Hong Kong-based 300cubits is believed to be one of the first firms to apply blockchain technologies in shipping.Low transaction volumePer the report, 300cubits’ system began accepting trial shipments…
FTX fiasco means coming consequences for crypto in Washington DC
On Nov. 11, while the rest of the country was celebrating Veteran’s Day, Sam Bankman-Fried announced that FTX — one of the world’s largest cryptocurrency exchanges by volume — had filed for bankruptcy. Lawmakers and pundits quickly latched onto the rapid disintegration of FTX to call for more regulation of the crypto industry. “The most…
Hacker tries to exploit bridge protocol, fails miserably
The attempt was suppressed within 31 seconds, with the attacker losing their 5 ETH safety deposit. 122 Total views 7 Total shares Cross-chain bridges have increasingly become targeted by malicious entities. However, not all hackers can run away with millions in their exploit attempts. Some end up losing money from their own wallets. In a Twitter…